Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, Flat 2, Magdala House, Rye is a modern apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Magdala House, Rye is £106,751 and the estimated rental value is £695 per month.
The apartment is within Magdala House, Ferry Road, Rye, TN31.
Ferry Road, Rye, TN31 is located in the borough of Rother within the TN31 postal district.
Flat 2, Magdala House, Rye has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, Magdala House, Rye is in very good condition we estimate a sale value of £112,088 and a rental value of £730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,278 and a rental value of £647 per month.
Over the last 12 months the sale value of Flat 2 Magdala House Rye has decreased by an estimated £179 (0.2%) and its rental value has increased by an estimated £14 per month (1.9%), giving an expected gross yield of 7.8%.
Flat 2, Magdala House, Rye has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, Magdala House, Rye within a radius of 760 metres over the last 2 years.
The most recent example is Flat 5, 5, High Street, Rye, TN31 7JE, a leasehold flat which sold for £90,000 on the 29th April 2021.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferry Road, Rye, TN31 has a total of 91 addresses. According to our analysis of all the public data, Flat 2, Magdala House, Rye is the 80th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £339k less expensive than the average property in TN31.
The closest station to Flat 2, Magdala House, Rye is Rye (Sussex) station which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Magdala House, Rye, 38.3% of property is privately owned outright and 32.2% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Magdala House, Rye, 7.6% of residents are recorded as possessing school level qualifications and 33.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Magdala House, Rye, the average age was 48.9 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Magdala House, Rye, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Magdala House, Rye, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
